Possible Seeds of Housing Recovery?

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Posted by Sir Four at 12:31am Feb 21 '10
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This is only speculation, but consider the many 20-somethings (or 30-somethings) who had been priced out of the market or are weathering the recession, living with parents or in apartments, who may wish to buy their first home in the coming years. One would imagine there exists pent up demand, at least at the lower end of the housing market (more modest homes, not the extravagant ones). Do you think that if the economy begins to recover, these potential home buyers will foster a return to normal house value appreciation as well as new home-building? And if so, would that be a healthy thing?

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